Socio-Economics & History Commentary

The Shanghai Gold Exchange, the New Silk Road and the Threat to the Petrodollar

Published on Jul 19, 2017In this report I talk about the recent news that Russia’s largest bank, Sberbank, has started dealing in physical gold on the Shanghai Gold Exchange. I also look at the threat to the dollar’s status as a reserve currency from the New Silk Road plan being implemented by China.